First Majestic Silver
214 hedge funds and large institutions have $541M invested in First Majestic Silver in 2024 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 71 increasing their positions, 51 reducing their positions, and 23 closing their positions.
52% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 23
39% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 51
6% more capital invested
Capital invested by funds: $512M → $541M (+$28.7M)
3% more funds holding
Funds holding: 208 → 214 (+6)
1.42% more ownership
Funds ownership: 29.93% → 31.35% (+1.4%)
65% less call options, than puts
Call options by funds: $50.5M | Put options by funds: $144M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Marex Group
London,
|
+$14M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$6.64M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$5.96M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$4.57M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$3.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$33.5M |
| 2 |
VanEck Associates
New York
|
-$25.8M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
-$5.92M |
| 4 |
Capital Fund Management (CFM)
Paris,
France
|
-$3.76M |
| 5 |
Barclays
London,
United Kingdom
|
-$2.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CM
226
CoreCommodity Management
Stamford,
Connecticut
| – | -$60.4K | -10,265 | Closed |
|
|
EFG
227
Ethos Financial Group
King Of Prussia,
Pennsylvania
| – | -$59K | -10,000 | Closed |
|
228
Optiver Holding
Amsterdam,
Netherlands
| – | -$51.2K | -8,714 | Closed |
|
|
DMIC
229
Dixon Mitchell Investment Counsel
Vancouver,
British Columbia, Canada
| – | -$47.7K | -8,120 | Closed |
|
|
SGA
230
Seaport Global Advisors
Boston,
Massachusetts
| – | -$24.5K | -4,174 | Closed |
|
|
CLOS
231
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$18.8K | -3,200 | Closed |
|
|
TFGT
232
TS Financial Group (TSFG)
Lake Forest,
Illinois
| – | -$3K | -500 | Closed |
|
|
RFG
233
REAP Financial Group
Austin,
Texas
| – | -$2.32K | -394 | Closed |
|
|
CTA
234
Colonial Trust Advisors
Spartanburg,
South Carolina
| – | -$1.18K | -200 | Closed |
|
|
WFA
235
West Financial Advisors
Des Moines,
Iowa
| – | -$588 | -100 | Closed |
|
|
NC
236
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$353 | -60 | Closed |
|
AG Hedge Fund Activity: Q2 2024 in Review
214 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Majestic Silver (AG) for Q2 2024, worth a combined $541M — up 5.6% from $512M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new AG positions and 23 closed out — a net gain of 12 holders — while 71 added to existing stakes and 51 trimmed.
The largest buyer was Marex Group, adding an estimated $14M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $33.5M sold.
- 214 institutional investors held First Majestic Silver (AG) as of Q2 2024, up from 208 in Q1 2024.
- Funds reported $541M of First Majestic Silver stock for Q2 2024, up 5.6% quarter-over-quarter.
- 35 funds opened new First Majestic Silver positions in Q2 2024 and 23 closed out, a net change of +12 holders.
- The largest First Majestic Silver buyer in Q2 2024 was Marex Group, an estimated $14M added.
- The largest First Majestic Silver seller in Q2 2024 was Mirae Asset Global Investments, an estimated $33.5M sold.
Based on aggregated 13F filings for Q2 2024.